PLEXUS CORP — Director's Dealing 2017

Jan 24, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PLEXUS CORP (PLXS)
CIK: 0000785786
Period of Report: 2017-01-20

Reporting Person: Kelsey Todd P. (President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-01-20	Common Stock, $.01 par value	M	14000	—	Acquired	56162	Direct
2017-01-20	Common Stock, $.01 par value	F	4930	$52.95	Disposed	51232	Direct
2017-01-23	Common Stock, $.01 par value	M	4000	$27.143	Acquired	55232	Direct
2017-01-23	Common Stock, $.01 par value	M	2000	$27.86	Acquired	57232	Direct
2017-01-23	Common Stock, $.01 par value	S	6000	$53.3567	Disposed	51232	Direct
2017-01-24	Common Stock, $.01 par value	M	5500	$27.86	Acquired	56732	Direct
2017-01-24	Common Stock, $.01 par value	M	100	$30.19	Acquired	56832	Direct
2017-01-24	Common Stock, $.01 par value	S	5600	$53.6802	Disposed	51232	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-01-20	Restricted Stock Units	$	M	14000	Disposed		Common Stock (14000)	Direct
2017-01-23	Restricted Stock Units	$	A	29630	Acquired		Common Stock (29630)	Direct
2017-01-23	Performance Stock Units	$	A	25090	Acquired		Common Stock (25090)	Direct
2017-01-23	Options to Buy	$27.143	M	4000	Disposed	2021-01-24	Common Stock (4000)	Direct
2017-01-23	Options to Buy	$27.86	M	2000	Disposed	2022-07-23	Common Stock (2000)	Direct
2017-01-24	Options to Buy	$27.86	M	5500	Disposed	2022-07-23	Common Stock (5500)	Direct
2017-01-24	Options to Buy	$30.19	M	100	Disposed	2021-07-25	Common Stock (100)	Direct

Footnotes

F1: Each Restricted Stock Unit granted under the Plexus Corp. 2008 Long-Term Incentive Plan, which qualifies under Rule 16b-3, represented a contingent right to receive one share of Plexus Corp. common stock. The Restricted Stock Units vested and settled on January 20, 2017.

F2: This transaction was executed in multiple trades at prices ranging from $53.25 to $53.48 per share. The reported price reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

F3: This transaction was executed in multiple trades at prices ranging from $53.49 to $54.19 per share. The reported price reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

F4: Each Restricted Stock Unit granted under the Plexus Corp. 2016 Omnibus Incentive Plan, which qualifies under Rule 16b-3, represents a contingent right to receive one share of Plexus Corp. common stock. The Restricted Stock Units vest on January 23, 2020.

F5: Each Performance Stock Unit ("PSU") granted under the Plexus Corp. 2016 Omnibus Incentive Plan, which qualifies under Rule 16b-3, represents a contingent right to receive one share of Plexus Corp. common stock if certain conditions are satisfied. Vesting of the PSUs is dependent on the relative total shareholder return ("TSR") of Plexus Corp.'s common stock as compared to companies in the Russell 3000 Index and on goals related to economic return during the three-year performance period. The target number of PSUs that may be earned is reported above; the maximum amount is 200% of the number reported.

F6: Options granted under the Plexus Corp. 2008 Long-Term Incentive Plan, or a predecessor plan, which qualifies under Rule 16b-3; now fully vested.